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Business, 18.09.2019 05:10 amandanunnery33

You are bullish on telecom stock. the current market price is $100 per share, and you have $15,000 of your own to invest. you borrow an additional $15,000 from your broker at an interest rate of 8% per year and invest $30,000 in the stock. how far does the price of telecom stock have to fall for you to get a margin call if the maintenance margin is 30%? assume the price fall happens immediately.

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